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Quality control in renewable energy urged
Lack of consumer confidence key hurdle to promoting clean energy.
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‘Textile City to bring $250m in investments’
Zone to add $3b to textile exports.
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Protest against GST: Brick kiln owners announce shutdown
To close down indefinitely from August 3.
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Weekly review: Bourse plummets on foreign selling
Corporate results fail to save the day.
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SBP reduces policy rate by 50 basis points
Acting Governor SBP Yaseen Anwar unveiled the Monetary Policy Statement for the fiscal year 2012.
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Apple more liquid than US govt
US govt states $73.468 as its financial headroom, Apple quotes $75.876 as available cash on balance sheet.
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Power loom industry: Tussle between owners and workers escalates
Workers stage protests to demand a 13 per cent wage increase.
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Panel upset over gas being supplied to Engro
Govt is bound by sovereign guarantee agreement to supply 100mmcfd.
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Corporate results: Fauji Fertilizer, UBL profits soar
Fauji Fertilizer profits and UBL profits jumped in the first part of the year.
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Petroleum levy to push LPG price up by 16%
Draft policy proposes identical local and imported gas prices.
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Analysis: The impact of 15-day gas curtailment
Price to go up further by Rs400 to 450 per bag.
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Gas supply: “Ministry revises tariff hike proposal
Increase for CNG stations reduced sharply.
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Market watch: Stock market rallies to gain 92 points
OGDC leads surge amid lacklustre activity.
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PARCO and PAPCO evade Rs73m in taxes
Firms did not pay customs duty and petroleum development levy.
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Bloated PSDP portfolio: Seventeen more projects worth Rs166b approved
A finance ministry handout claimed that Ecnec had approved 15 projects of national importance costing Rs154.52 billion
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LPG imports arrive ahead of Ramazan
‘Additional import of 2,500 tons to keep prices stable’.
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Recovery: Rupee recovers from record low
Rupee recovered on Thursday from a record low hit, but dealers expect the currency to remain under pressure.
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SECP forum: Ideas shared to develop capital markets
‘Suggestions will help SECP to be an effective regulator’.
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Subsidised flour to be sold at Ramazan bazaars
Food dept says quality wheat being supplied to mills.
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Afghan transit trade: Customs to swiftly clear perishable items
Insurance firms refuse to provide guarantees beyond Torkham border.
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Farani tipped to become OGDC head
Petroleum ministry makes recommendation to prime minister.
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Monetary policy: Status quo expected once again
All eleven analysts in a poll expect discount rate to remain unchanged.
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Confusion reigns: Govt scares meat exporters with talk of ban
Initial commerce ministry handout suggested a ban may have already been enforced before clarification of...
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Market Watch: Bourse dips to two-month low
Benchmark KSE-100 index drops 167 points
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Investors buy Rs122b worth of treasury bills
Longer term papers attracted the highest amount.
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Mutual funds grow 25% in fiscal 2011
Equity funds category outperforms stock market.
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Road reconstruction: World Bank approves $8m grant for Swat
Improved access to markets will help residents to sell their produce.
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Pakistan 5th in Asian mobile phone users
10 million new connections were issued domestically last year, while cell phone users in Pakistan reached 131 million.
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Cloud computing: Intel brings cloud promise to reality
The group has seen $17m in savings after two years of journey.
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Disaster recovery management: NBP enters into deal with IBM
Outsources disaster recovery to Big Blue due to lack of internal resources.
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Islamic banks show interest in SBP’s discount facility
Institutions preparing proposals which will be sent to SBP, finance ministry.
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Natural Resources: Govt urged to review mineral policy
Government urged to review its mineral policy so that natural resources are exploited to their full capacity, ICCI.
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Corporate results: Fauji profits double
Immense growth in sales and other income drove earnings of Fauji fertiliser higher.
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Going down: Rupee hits new all-time low
Demand for the dollar for oil import payments increases.
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Market watch: Bourse drops 90 points amid widespread selling
Pakistan Oilfields sparks profit-taking frenzy.
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Gold peaks at Rs44,742 per 10 grams
Precious metal undervalued by Rs600 in the local market.
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Floods – one year on: Much more needs to be done to improve rural livelihood: FAO
UN food agency says it requires $96m to support farmers.
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Iron and steel: Ship breaking industry meeting 70% requirements
Number of people employed at Gaddani shipyard increases.
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Cost of inefficiency: ‘Pakistan could collect Rs5t in taxes’
Tax ombudsman says system flaws allow collection of only a fraction.
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Private sector can help nation tackle crisis: Qaim
Role of accountants has shifted in present era, say conference speakers.
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SECP to develop markets, corporate sector
Establishes forum to start dialogue with stakeholders.
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Nokia doubles spending in Ramazan
Finnish giant increases applications and teams up with TV channels.
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UN report: Exports led Asia-Pacific out of global economic crisis
Growth will remain difficult if new regional markets are not explored.
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Solar power: Study on financing of household products initiated
Main purpose of this study is to save energy through promotion of solar-powered products.
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Power loom workers go on strike
Demand payment of minimum wage.
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Corporate Results: The season kicks off
Quarterly results were promising as MCB posted improved profits while Honda managed to halve its losses.
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PaCCS operations restored after FBR, Agility negotiations
19-hour suspension caused losses of millions of rupees.
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Oil prices likely to rise by up to Rs1.15 per litre
Final assessment will be based on average global crude prices for July.
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Perishable items: Fruit exporters suffered the most
Over 60 containers carrying mangoes and onions were delayed in clearance of cargo.
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Market watch : Stock market drops in dull session
NIB Bank right shares worth one paisa ends as volume leader